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1007 Grandridge Road
Grandview, WA 98930
Asking Price
$4.30M
Cap Rate
6.76%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Grandridge Meadows | 16 Multifamily Units + Excess Land <p><strong>New Construction Community</strong></p><p>Completed in 2025, Grandridge Meadows offers 16 spacious 2-bedroom, 2-bath units averaging 963 SF. Designed with modern finishes, open layouts, and thoughtful floorplans, the property provides a level of quality rarely found in the Grandview market, appealing to renters seeking contemporary living at an attainable price point.</p><p></p><p><strong>High Visibility & Professional Presentation</strong></p><p>The property features attractive curb
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NOI
$80,000
Cap Rate
1.86%
DSCR
0.31
Underwater
Cash-on-Cash
-13.59%
Monthly Payment
$21,274.054
Annual Cash Flow
$-175,288.646